Sustainable Supply Chain Management: Strategies for Balancing Economic, Social, and Environmental Goals

Abstract

This essay examines the concept of sustainable supply chain management, or SSCM, and how it can be used to balance social, environmental, and economic objectives. In order to improve resilience and long-term value, supply chain management (SSCM) incorporates sustainability concepts with conventional supply chain goals. The study looks at many approaches to strike this equilibrium, such as stakeholder cooperation, circular economy techniques, and green logistics. It demonstrates how companies can maximize cost-effectiveness while upholding environmental standards and advancing social justice. The study offers an analysis of successful case studies and frameworks to shed light on the influence of SSCM implementation on organizational performance and how to apply it effectively. The results highlight the value of a comprehensive supply chain management strategy that balances social responsibility, environmental stewardship, and economic gains. This strategy provides a road map for businesses trying to negotiate the challenges of sustainable growth.